Airline SAS asks employees to take a 20% pay cut
Airline SAS has invited unions to discuss a 20% work and pay cut for all employees as it fights to mitigate the effects of a slump in demand due to the coronavirus outbreak, it said on Tuesday.
Airline SAS has invited unions to discuss a 20% work and pay cut for all employees as it fights to mitigate the effects of a slump in demand due to the coronavirus outbreak, it said on Tuesday.
Unfortunately for some shareholders, the ONEOK (NYSE:OKE) share price has dived 49% in the last thirty days. That drop… …read more […]
China’s industry ministry said on Tuesday it has urged Tesla Inc to keep its China-made vehicles consistent after some Chinese customers complained the U.S. electric vehicle maker put less advanced computer chips in their cars.
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
Coronavirus is probably the 1 concern in investors’ minds right now. It should be. On February 27th we published this article and predicted that US stocks will go down by at least 20% in the next 3-6 months. We also told you to short the market ETFs and buy long-term bonds. Investors who agreed with […] …read more […]
The third chief executive of Wells Fargo in four years appeared in front of Congress on Tuesday, saying that there’s much the bank needs to do to fix its cultural problems, and isn’t expecting it to be done until 2021. Charles Scharf took over the troubled bank late last year. Unlike Sloan, Scharf is an outsider, previously holding the jobs of CEO of Bank of New York Mellon and Visa. …read more […]
Monday marked the worst day since the 2008 financial crisis, but on Tuesday, U.S. markets are seeing a rebound in the morning. Rob Croce, Mellon senior portfolio manager for the Risk Parity and Managed Futures strategies, joins Yahoo Finance’s On The Move to discuss. …read more […]
People are heeding Warren Buffett’s advice about the market’s long-term prospects, as well as some value investing principles. …read more […]
What we learned from the last crisis is that bank bailouts help banks, not the rest of us. If the Fed has to step in — and it will — it should provide help directly to the real economy. …read more […]
NEW YORK and TORONTO, March 10, Mar 10, 2020 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for eCommerce and AR learning applications, announced that CEO Evan Gappelberg purchased 100,000 common […]
Wall Street rebounded on Tuesday as investors pinned their hopes on policy easing by major central banks and governments after global markets plummeted in the previous session on fears of a coronavirus-driven recession.
The stock market is down due to the coronavirus outbreak and the slide has continued into March. However, the Dow isn’t the only one having troubles. Robinhood status is on watch after its third major outage in the past seven days.
The investing app is currently the leader in mobile stock trading. This includes competition such as Cash App, SoFi Investing and Axos Invest.
Unfortunately, Robinhood is now facing legal trouble. A lawsuit is on the way after its 10 million users suffered from an extensive outage on March 2nd.
Robinhood Status Outages Becoming More Frequent
March 2nd was actually a record-breaking day for …read more […]
The bulls would be wise to stick with Tesla, says Dan Ives of Wedbush Securities. …read more […]
A worker at Apple’s European headquarters in Cork in Ireland has tested positive for coronavirus, one of 24 cases reported so far in the country where its oldest university, Trinity College, has been forced to move all lectures online.
President Donald Trump on Tuesday lashed into the U.S. Federal Reserve and its chairman Jerome Powell, calling the institution “pathetic, slow moving” and saying it should bring U.S. interest rates down to the level of “competitor nations.”
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